Equities analysts expect Five Below, Inc. (NASDAQ:FIVE) to report earnings of $0.66 per share for the current fiscal quarter, according to Zacks Investment Research. Six analysts have provided estimates for Five Below’s earnings. The highest EPS estimate is $0.73 and the lowest is $0.56. Five Below reported earnings of ($0.91) per share during the same quarter last year, which indicates a positive year over year growth rate of 172.5%. The firm is scheduled to report its next quarterly earnings results on Tuesday, June 8th.
According to Zacks, analysts expect that Five Below will report full-year earnings of $4.23 per share for the current fiscal year, with EPS estimates ranging from $4.10 to $4.36. For the next year, analysts expect that the firm will post earnings of $5.10 per share, with EPS estimates ranging from $4.60 to $5.56. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side research firms that that provide coverage for Five Below.
Five Below (NASDAQ:FIVE) last posted its quarterly earnings data on Tuesday, March 16th. The specialty retailer reported $2.20 EPS for the quarter, topping the consensus estimate of $2.11 by $0.09. The firm had revenue of $858.51 million for the quarter, compared to the consensus estimate of $839.44 million. Five Below had a return on equity of 14.72% and a net margin of 6.13%. The business’s revenue for the quarter was up 24.9% compared to the same quarter last year. During the same quarter last year, the company earned $1.97 earnings per share.
Shares of Five Below stock opened at $184.25 on Friday. The stock has a 50 day moving average price of $196.28 and a 200-day moving average price of $178.61. The stock has a market cap of $10.32 billion, a price-to-earnings ratio of 94.49, a price-to-earnings-growth ratio of 4.44 and a beta of 1.19. Five Below has a one year low of $83.58 and a one year high of $205.28.
In related news, CMO Michael Romanko sold 2,427 shares of Five Below stock in a transaction dated Thursday, April 1st. The stock was sold at an average price of $195.01, for a total transaction of $473,289.27. Following the completion of the sale, the chief marketing officer now owns 12,529 shares of the company’s stock, valued at $2,443,280.29. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Catherine Elizabeth Buggeln sold 5,500 shares of Five Below stock in a transaction dated Friday, March 19th. The stock was sold at an average price of $194.28, for a total value of $1,068,540.00. Following the sale, the director now directly owns 11,778 shares of the company’s stock, valued at approximately $2,288,229.84. The disclosure for this sale can be found here. Insiders have sold 17,006 shares of company stock valued at $3,360,898 in the last ninety days. Corporate insiders own 2.40% of the company’s stock.
Hedge funds have recently made changes to their positions in the stock. RMR Wealth Builders purchased a new position in Five Below during the first quarter valued at approximately $29,000. Graves Light Private Wealth Management Inc. purchased a new position in Five Below during the fourth quarter valued at approximately $36,000. Neo Ivy Capital Management purchased a new position in Five Below during the fourth quarter valued at approximately $51,000. Rockefeller Capital Management L.P. raised its position in Five Below by 23.6% during the first quarter. Rockefeller Capital Management L.P. now owns 393 shares of the specialty retailer’s stock valued at $74,000 after acquiring an additional 75 shares in the last quarter. Finally, Private Capital Group LLC increased its position in shares of Five Below by 63.3% in the first quarter. Private Capital Group LLC now owns 405 shares of the specialty retailer’s stock valued at $77,000 after buying an additional 157 shares in the last quarter.
About Five Below
Five Below, Inc operates as a specialty value retailer in the United States. It offers accessories, including novelty socks, sunglasses, jewelry, scarves, gloves, hair accessories, athletic tops and bottoms, and T-shirts, as well as nail polishes, lip glosses, fragrances, and branded cosmetics; and items used to complete and personalize living space, including glitter lamps, posters, frames, fleece blankets, plush items, pillows, candles, incense, lighting, novelty dÃ©cor, and related items, as well as provides storage options for the customers room.
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